Manowar: "DYOR on this lot of SIX STAGNANT COMPANIES"
Six? I was only aware of three...
BLZ - I'm sure they will get a drill rig out to Yeerlirrie after they complete their next placement at 0.001. LOL. I though it particularly amusing when they forgot to pay the rent last year and had one of their main exploration license at risk of being forfeited....
PIM - One project - Lake Mason. They surrendered all but the very smallest (4 block) exploration license of this project last year. Looking at new projects according to their quarterly to "enhance the Company's exploration portfolio". They only have one tiny license! Surely they can't do anything except enhance their exploration portfolio? You can't exactly have an exploration company with absolutely no projects can you? Oh wait hang on...
PWW - Sold their one and only remaining project in Greenland late last year and according to their last quarterly all they are doing is searching for a replacement asset (i.e. they have no other assets except for their diminishing bank account). How exactly can you have a mineral exploration company listed on the ASX that has no projects?
These three companies with identical boards are bad enough Manowar! And you are telling me that there are another three out there? Let me know what they are!!!
I find it mildly amusing keeping tabs on these three (although obviously feel for the shareholders). If there are another three out there I would love to know!
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